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Thursday, January 23, 2020

FINANCE

FINANCE

Sterling has plunged by more than 1% after Bank of England governor Mark Carney signalled interest rates could be cut over the summer to...

Britain's banks have "almost no appetite" for the UK to leave the European Union and nearly two-thirds believe Brexit could harm their business, according...

Banking giant Barclays has revealed a £150m hit to cover Brexit uncertainty as it said annual profits edged 1% lower to £3.49bn. The group said it had...

British taxpayer-backed Royal Bank of Scotland has revealed a sharp fall in third-quarter profits. Pre-tax profit before one-time items and restructuring costs came in at...

The International Monetary Fund is giving managing director Christine Lagarde a second five-year term. Ms Lagarde, the first woman to hold the post, was the...

Santander has become the first bank in the UK to enable customers to make payments using their voice. The bank has updated the iPhone version...

Axa has struck an agreement to sell its UK investment, pensions and direct protection businesses to US firm Phoenix Group. The £375m deal, which will...

The Bank of England has warned of the “serious and growing threat” to stability posed by a cyber attack at the heart of the...
Jingye Group saves British Steel in buyout

A Chinese industrial giant is set to come to the rescue of British Steel within days, buying out its embattled plant in Scunthorpe in...

The International Monetary Fund is calling on European creditor nations to commit to "upfront unconditional" debt relief for Greece as part of an international...